Reports in early December indicate that President Donald J. Trump is preparing to sign an executive order that would block state-level laws regulating artificial intelligence and replace them with a…
Category:
Economy
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As this report goes to press, 14 of the 24 components of the Business Conditions Monthly lack published data beginning in September or October 2025. Where updates have occurred, releases…
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Inflation was lower than expected in November, the Bureau of Labor Statistics (BLS) reported yesterday, in the first official inflation release since October following the extended government shutdown earlier this…
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Every few months a headline or social media post circulates declaring that a corporate leader earns hundreds or even thousands of times more than the typical employee, and recent examples…
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Note: The October-November readings for both the Consumer Price Index and the Everyday Price Index should be viewed as provisional rather than definitive. A temporary government funding lapse interrupted standard…
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The title of Dan Wang’s book Breakneck focuses on the People’s Republic of China (PRC) specifically, but it is really about the self-conscious great-power rivalry between China’s Communist Party leaders…
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In its manifesto for the 2024 general election, Britain’s Labour party listed “Five Missions to Rebuild Britain,” the first being: “Kickstart economic growth.” The party’s second budget since winning that…
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December 2025 marks the official end of the largest cycle of quantitative tightening the Federal Reserve has ever undertaken. From a peak of $8.93 trillion in June 2022, the Fed…
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On most days, America’s air traffic control system is invisible. The radar screens flicker, the controllers thread needles as planes approach and depart, and millions of passengers move through the…
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The Federal Reserve lowered the federal funds target range by 25 basis points on Wednesday—its third consecutive rate cut—to 3.5 to 3.75 percent. Markets had anticipated the decision for weeks,…